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๐Ÿš€ Onyxcoin (XCN) Update: ๐Ÿš€

๐Ÿ”น️Onyxcoin (XCN) up 10.38% in the last 24 hours 

๐Ÿ”น️Recovering from all-time low of $0.000502 in August 2023

๐Ÿ”น️Could test cycle high at $0.048909

๐Ÿ”น️Market sentiment is cautious (Fear & Greed Index: 44)

✅️ Bullish outlook with potential for further upside ๐Ÿ“ˆ



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Bitcoin Price Analysis: Key Support and Resistance Levels to Watch

 Bitcoin (BTC) is currently trading around $90,800 after facing a strong rejection near the $94,800 resistance zone. The recent pullback suggests increasing sell pressure as the market cools down from overbought conditions. BTC Chart (Source TradingView) From a technical perspective, momentum indicators are showing weakness. The MACD has turned negative , signaling a possible short-term bearish trend, while the RSI is moving lower , indicating that bears are gaining control. These signals suggest caution for traders in the near term. However, Bitcoin is approaching a critical support level at $90,288 , which remains a strong demand zone. If this support holds, BTC could see a rebound and make another attempt to break above the $94,800 resistance . A successful breakout above this level may open the door for further upside momentum. On the downside, if Bitcoin fails to hold the $90,288 support , selling pressure could intensify, pushing the price toward the $88,000 support zone ...